Review on Bytom by Gabriel Medina

Name: Bytom
Item: Bytom
Rating: 3

September 07, 2020

Project that seeks to unite assets to the digital medium

For me it is one of the projects with a great future ahead if the importance it needs is given to what is the tokenization of assets, we hope that later this can be fulfilled and thus we can have what we most desire in a world united by the digital medium in cryptocurrencies. This project aims to ensure that all assets are tokenized so that they are available for trading. This in my opinion is possible and if you look at Bytom with the right eyes, you may be much more interested than you think. One of Byrom's main goals was for users to be able to digitize their assets and enjoy full control over them, without the need for a third party.
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These would be its most fundamental objectives:
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Analysis and investigation of all assets and projects.
Provide a free and paid service to aid the exchange process.
Development of upper layers, to benefit the ecosystem.
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Bytom draws a lot of attention due to the above explained but it has had many inconveniences in its interface and therefore it must improve if it wants to achieve this objective since for many users it is complicated, it is also difficult to imagine a tokenized world and this has to be solved In the near future.
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Most notable features:

Three UTXO layers: Data transaction, transmission layer, contract layer and asset interaction.
Compatible with the national encryption standard.
POW algorithm.
Use ODIN to name assets.
Separation of signatures in transaction.
Improvements in flexibility.
Side chain distribution.
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